SQQQ Options History — March 2020

In March 2020, SQQQ traded between $11950.00 and $19456.25. ATM implied volatility averaged 177.7%, placing in the 43.7% IV rank vs the trailing year. The 30-day expected move averaged 50.1%. IV traded above realized volatility by 20.6% (HV 20d: 157.0%). Max pain ranged from $11875.00 to $12500.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 0 of 22 days. Put/call ratio averaged 0.21.

Notable Days

  • 2020-03-20: Highest Volume — 138 contracts
  • 2020-03-16: Largest IV spike — 45.4% change
  • 2020-03-18: Highest IV Rank — 68.2%
  • 2020-03-18: Largest Expected Move — 73.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$15090.91$11950.00$19456.25$13187.50$12143.75
Max Pain$12329.55$11875.00$12500.00$11875.00$12500.00
ATM IV177.7%101.6%257.9%108.9%151.3%
Expected Move50.1%29.1%73.9%31.2%43.4%
HV 20d157.0%101.5%211.2%103.0%198.6%
HV 60d98.5%64.6%129.0%64.6%129.0%
IV Rank43.7%20.5%68.2%22.7%35.6%
IV Percentile98.0%92.5%99.6%98.8%92.5%
Term Structure-20.1%-55.6%-4.0%-8.1%-4.0%
VWIV178.2%108.7%252.9%124.8%171.4%
Skew 25d-58.1%-79.3%-27.6%-55.7%-75.1%
Skew 10d-90.1%-123.9%-50.9%-85.8%-123.9%
Call IV 25d209.6%126.2%293.5%144.6%207.7%
Put IV 25d151.5%76.7%230.9%88.9%132.6%
Bid-Ask Spread %35.5713.5265.3341.0813.52
Gamma HHI0.080.070.100.080.08
Net GEX2.6M1.1M4.5M2.2M1.5M
Net DEX-271.8M-581.9M-93.6M-128.2M-109.1M
Net VEX-802.9K-920.7K-627.5K-727.1K-627.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.210.110.310.220.21
Total Volume83.273461386659
Total OI458.955272585407346

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-03-02$13187.50$11875.00108.9%31.2%103.0%22.7%124.8%-55.7%-8.1%2.2M-128.2M-727.1K0.2241.08N/AN/A5412264143
2020-03-03$13468.75$11875.00126.3%36.2%101.5%28.0%126.2%-62.9%-17.5%2.4M-153.6M-773.9K0.2038.30N/AN/A9319284146
2020-03-04$12381.25$11875.00101.6%29.1%102.6%20.5%108.7%-49.5%-6.0%2.3M-95.0M-753.3K0.2526.20N/AN/A7819306150
2020-03-05$13256.25$11875.00138.1%34.5%104.9%31.6%124.8%-51.1%-15.1%3.0M-187.2M-859.4K0.2050.13N/AN/A8618350151
2020-03-06$14087.50$11875.00152.8%40.4%105.9%36.1%139.4%-47.0%-21.9%3.4M-252.1M-910.8K0.1954.18N/AN/A8216370148
2020-03-09$16068.75$11875.00187.6%48.4%113.9%46.7%164.1%-36.5%-26.0%3.7M-378.3M-910.3K0.1955.43N/AN/A8315382150
2020-03-10$14456.25$12500.00164.4%42.2%121.2%39.6%150.8%-45.1%-19.0%3.9M-284.0M-896.6K0.1446.58N/AN/A8512391155
2020-03-11$15762.50$12500.00158.1%45.3%123.5%37.7%155.3%-31.9%-23.1%4.1M-364.6M-900.0K0.2047.15N/AN/A6112397154
2020-03-12$19456.25$12500.00187.9%53.9%139.4%46.8%162.7%-27.6%-33.8%3.4M-581.9M-920.7K0.2865.33N/AN/A9025401158
2020-03-13$16693.75$12500.00174.0%49.9%153.9%42.6%181.7%-79.3%-19.2%3.5M-427.1M-884.7K0.2350.80N/AN/A7016396165
2020-03-16$18056.25$12500.00253.0%72.5%154.7%66.6%240.9%-55.3%-55.6%3.6M-504.5M-908.7K0.2938.28N/AN/A7121417164
2020-03-17$15768.75$12500.00225.4%64.6%164.9%58.2%235.5%-63.3%-35.9%3.7M-372.7M-838.8K0.3134.49N/AN/A7323411163
2020-03-18$18512.50$12500.00257.9%73.9%170.9%68.2%252.9%-62.5%-23.1%4.0M-536.8M-846.9K0.2033.23N/AN/A7716425160
2020-03-19$15606.25$12500.00215.6%61.8%185.3%55.2%225.4%-73.8%-20.0%4.5M-344.3M-762.5K0.2730.16N/AN/A6217408163
2020-03-20$17906.25$12500.00197.4%56.6%189.5%49.7%189.2%-63.5%-15.1%1.1M-461.2M-776.7K0.1523.33N/AN/A12018398163
2020-03-23$18837.50$12500.00191.1%54.8%188.0%47.8%187.5%-48.6%-12.0%1.3M-233.4M-781.2K0.2623.67N/AN/A401018983
2020-03-24$14668.75$12500.00180.7%51.8%209.8%44.6%190.3%-51.3%-25.1%1.1M-127.2M-731.5K0.2319.32N/AN/A481119287
2020-03-25$13793.75$12500.00191.2%54.8%211.2%47.8%200.5%-67.4%-21.2%1.1M-117.7M-719.2K0.2322.85N/AN/A521220788
2020-03-26$12937.50$12500.00187.5%53.8%208.1%46.7%198.8%-75.0%-23.4%1.1M-104.9M-714.6K0.1924.68N/AN/A45921789
2020-03-27$13000.00$12500.00190.2%54.5%205.7%47.5%203.2%-78.5%-13.2%1.3M-123.5M-738.6K0.1123.33N/AN/A42424092
2020-03-30$11950.00$12500.00167.4%48.0%198.7%40.5%187.1%-76.4%-4.7%1.2M-93.6M-681.1K0.1620.49N/AN/A48824094
2020-03-31$12143.75$12500.00151.3%43.4%198.6%35.6%171.4%-75.1%-4.0%1.5M-109.1M-627.5K0.2113.52N/AN/A491025690